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Showing 11 - 20 of 5620 results for "Money"

Court dismisses ASIC lawsuit against Finder

KARREN VERGARA  |  FRIDAY, 15 MAR 2024
... Finder Earn was in essence a debenture and should fall under its regulatory regime. "This is because customers deposited money with Finder Wallet on the understanding that their money would ultimately be repaid, together with a return for allowing Finder ...

Australian Retirement Trust announces new investment strategy and options

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
... offerings for Super Savings and QSuper account holders. This means Super Savings account holders will have more of their money invested in growth assets for longer, which is expected to have higher returns over the long term for members of all ages. ...

Advisers flock to managed accounts, but are very selective

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
... "Financial advisers mainly use managed accounts as a core, long-term portfolio allocation solution, dedicating 60% of new client money to core investments, 55% of that core to managed accounts and they plan to keep the investment for an average of 7.8 ...

Experts issue warning over AI washing

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... AI washing - mispresenting the extent to which a product or technology solution incorporates AI. "If a company is raising money from the public... it needs to be truthful about its use of AI," he said. Closer to home, ASIC hasn't yet sounded the alarm ...

Retirement saving, investing daunting for women: Surveys

KARREN VERGARA  |  FRIDAY, 8 MAR 2024
... real. Why are women not investing as much? I would say a sheer lack of confidence - it's (about) how women relate with money, (it's) not as healthy as men. There's a lack of confidence to talk about money matters with their partners, friend ...

InvestSMART launches investing platform

ANDREW MCKEAN  |  THURSDAY, 7 MAR 2024
... with confidence, regardless of their experience level..." Editor's note: Paul Clitheroe is founder and editorial advisor of Money magazine, sister title of Financial Standard. Both titles are published by ISS Media.

Islamic Bank hands back licence

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... services and products that align to Australian Muslims' faith and values. On its website, Islamic Bank - also known as Islamic Money - said the decision was the result of not being able to raise the necessary capital to maintain the licence. "We understand ...

Baby boomers turn to local private debt: Research

CHLOE WALKER  |  WEDNESDAY, 6 MAR 2024
... care regarding portfolio construction, while the second aspect is identifying the demographic investor profile where the money is in Australia. "We note that between 2023 and 2040, the 65-plus age cohort in Australia will grow by 42%," Foresight Analytics ...

Best default super funds revealed

ANDREW MCKEAN  |  MONDAY, 4 MAR 2024
... timeframe. Continuing the pattern of retail fund supremacy in the performance rankings, a lifecycle product from Virgin Money also delivered a 11.2% return. However, over a three-year period ending January 31, the script flips: Mine Super's - High ...

ASIC takes further action on Prospero

KARREN VERGARA  |  MONDAY, 4 MAR 2024
... pushing for Prospero Markets to be wound up following revelations that it was linked to one of Australia's biggest-ever money-laundering operations. Former officers and responsible managers of over-the-counter (OTC) derivatives issuer Prospero are embroiled ...